FORT WORTH-Western Real Estate Equities LLC has acquired thefirst mortgage loan secured by the Village at Camp Bowie, a270,069-square-foot retail and office development here. The lender,Wells Fargo Bank, sold the loan for an undisclosed amount.

Situated on 19 acres on Camp Bowie Boulevard, the Village CampBowie is owned by Dallas-based Trophy Investments, which acquiredthe property in 2004. The firm completely redeveloped thesix-building project from 2004 to 2007. It is 76% leased to tenantsincluding Frost Bank, Starbucks, Sprint, Edward Jones and StateFarm.

Previously, Trophy Investments announced that it was trying towork with Wachovia to extend or refinance the property’s $36.5million loan, which matured in March 2010. Wachovia is now a WellsFargo company. It posted the property for a foreclosure auction atthe Tarrant County Courthouse steps earlier this year, but latercalled off the foreclosure.